Friday, May 5, 2017

Short term debt drivers

A whole bunch of cal cities will have similar short falls all at once.

Santa Ana officials face a troubled financial future, with top staff projecting a $14 million shortfall for city operating costs in the upcoming fiscal year and a $19.5 million deficit the following year.The city also has a projected $2.2 million shortfall for the current fiscal year, which ends June 30.